Wyoming Statutes

§ 13-4-103 — Cancellation of charter

Wyoming·Title 13 Banks, Banking and Finance·Ch. 4 REORGANIZATION OF BANKS·Art. 1 MERGER, CONVERSION, CHANGE IN PLACE OF BUSINESS
(a)The charter of any bank organized under this act is forfeited and cancelled in any of the following cases:
(i)Upon completion of a liquidation;
(ii)Merger which makes unnecessary the continued use of the charter of a bank due to the loss of its corporate identity to another banking institution;
(iii)If a regular place of business has not been maintained by any bank for two (2) years.

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